Planned application of the Accounting Standard for Revenue Recognition for the fiscal year ending March 2022
First written in FY2019. 1 of 6 entries say "Restated". Latest entry: FY2022.
81 other companies' latest entry also says "Other".
- FY2022Update to the full-year impact of applicationAnnual report
「As a result, compared with the previous accounting treatment, net sales decreased by ¥128.848 million, cost of sales decreased by ¥108.665 million, and selling, general and administrative expenses decreased by ¥20.183 million during the current consolidated fiscal year. There was no impact on the opening balance of retained earnings.」
As the impact of applying the accounting standard for revenue recognition for the full fiscal year, the company disclosed decreases of ¥128.848 million in net sales, ¥108.665 million in cost of sales and ¥20.183 million in selling, general and administrative expenses. - FY2022-Q3Updated Impact of ApplicationAnnual report
「As a result, compared with the previous accounting treatment, net sales decreased by ¥92.230 million, cost of sales decreased by ¥80.227 million, and selling, general and administrative expenses decreased by ¥12.003 million during the nine-month period ended the third quarter. There was no impact on the opening balance of retained earnings.」
Regarding the impact of applying the accounting standard for revenue recognition, the company disclosed decreases of ¥92.230 million in net sales, ¥80.227 million in cost of sales and ¥12.003 million in selling, general and administrative expenses for the nine-month period ended the third quarter. - FY2022-Q2Updated Impact of ApplicationAnnual report
「As a result, compared with the previous accounting treatment, net sales decreased by ¥50.322 million, cost of sales decreased by ¥42.652 million, and selling, general and administrative expenses decreased by ¥7.670 million during the six-month period ended the second quarter. There was no impact on the opening balance of retained earnings.」
Regarding the impact of applying the accounting standard for revenue recognition, the company disclosed decreases of ¥50.322 million in net sales, ¥42.652 million in cost of sales and ¥7.670 million in selling, general and administrative expenses for the six-month period ended the second quarter. - FY2022-Q1AchievedAnnual report
「We adopted the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other related standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
The company applied the accounting standard for revenue recognition, which had been scheduled for application from the beginning of the fiscal year ending March 2022, from the beginning of the first quarter of the current consolidated accounting period. Net presentation of agency transactions and other factors reduced net sales by ¥24.830 million. - FY2021RestatedAnnual report
「(2) Scheduled application date The standards will be applied from the beginning of the fiscal year ending March 2022.」
The company planned to apply the accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022, and continued to assess the impact. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition and other standards will be applied from the beginning of the fiscal year ending March 2022.」
The company states that it plans to apply the accounting standard and implementation guidance on revenue recognition from the beginning of the fiscal year ending March 2022, and is currently assessing the impact on the consolidated financial statements.